Permian Basin Royalty Trust
61 hedge funds and large institutions have $173M invested in Permian Basin Royalty Trust in 2022 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 9 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
52% more capital invested
Capital invested by funds: $114M → $173M (+$59.3M)
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2.85% more ownership
Funds ownership: 19.62% → 22.47% (+2.9%)
0% more funds holding
Funds holding: 61 → 61 (0)
49% less call options, than puts
Call options by funds: $6M | Put options by funds: $11.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$15.3M |
| 2 |
SA
SoftVest Advisors
Abilene,
Texas
|
+$4.01M |
| 3 |
HP
Hosking Partners
London,
United Kingdom
|
+$3.27M |
| 4 |
MRI
Mad River Investors
Boston,
Massachusetts
|
+$2.23M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.8M |
| 2 |
Morgan Stanley
New York
|
-$1.1M |
| 3 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$808K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$790K |
| 5 |
Millennium Management
New York
|
-$250K |
PBT Hedge Fund Activity: Q2 2022 in Review
61 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Permian Basin Royalty Trust (PBT) for Q2 2022, worth a combined $173M — up 52% from $114M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PBT positions and 9 closed out — a net gain of 1 holder — while 17 added to existing stakes and 13 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $15.3M. The largest seller was Susquehanna International Group, cutting an estimated $3.8M.
- 61 institutional investors held Permian Basin Royalty Trust (PBT) as of Q2 2022, unchanged from Q1 2022.
- Funds reported $173M of Permian Basin Royalty Trust stock for Q2 2022, up 52% quarter-over-quarter.
- 10 funds opened new Permian Basin Royalty Trust positions in Q2 2022 and 9 closed out, a net change of +1 holder.
- The largest Permian Basin Royalty Trust buyer in Q2 2022 was Horizon Kinetics Asset Management, an estimated $15.3M added.
- The largest Permian Basin Royalty Trust seller in Q2 2022 was Susquehanna International Group, an estimated $3.8M sold.
Based on aggregated 13F filings for Q2 2022.